10 of the Most Expensive Manhattan, New York City Homes Sold in 2013

10 of the Most Expensive Manhattan, New York City Homes Sold in 2013

In the city that never sleeps, the Manhattan real estate market continues climbing with foreign investors pushing the median sale prices of new luxury homes up by +72 % to $7.85 million in the last year, up from $4.56 million in the last quarter of 2012. Predictions of a slowdown in 2013 failed to materialize with all sectors of the market showing strong activity cumulating with the most forth quarter sales in at least 25 years and the lowest inventory in 14 years.

There has been huge investment from all over the world with international buyers accounted for around a third of sales above $3 million in New York. The burst in sales activity has caused absorption levels in New York to continue to be high, creating a strain on available inventory, which in turn is putting upward pressure on prices making the city’s real estate market even more attractive as a wealth creation asset.

Global property investment is increasingly driven by a desire to gain exposure to price appreciation momentum from economic recovery and this key narrative has made New York’s prime luxury real estate market one of the most favored destinations for international HNWI safe haven capital inflows.

The upper echelon of the New York City luxury real estate market is driven by an elite segment of extremely affluent super-rich buyers that include both domestic and international billionaires, and not quite billionaires, driven by lifestyle choices and investment opportunities. This is a market segment that has the resources to regard top-tier super-prime luxury trophy properties in the city, as affordable.

Here is our top 10 list of the most expensive Manhattan, New York City homes sold in 2013:

1. $43 Million – 144 Duane Street, New York, NY 10007

Sold for $43 Million in 2013 - 144 Duane Street, New York, NY 10007

View more photos: $43 Million TriBeCa Loft Mansion – 144 Duane Street, New York, NY

Property Type Townhome
Bedrooms 8
Bathrooms 10
Levels 6 storey + 2 basement levels
Size 23,100 sq. ft.
List Price $49.5 million
Seller Private Investor
Sold Price $43 million
Date Sold December 2013
Buyer

Duane Street LLC

2. $42 Million – 18 Gramercy Park South, New York, NY 10003

Sold for $42 Million in 2013 – 18 Gramercy Park South, New York, NY 10003

Property Type Duplex Penthouse Condo PH17 – 18 Gramercy Park
Bedrooms 5
Bathrooms 5 baths / 2 powder
Levels 2 levels – 17th + 18th floors
Size 6,300 sq. ft.
List Price $42 million
Seller Arthur and William Zeckendorf – Developers
Sold Price $42 million
Date Sold September 2013
Buyer Leslie Alexander – Billionaire Owner of the Houston Rockets NBA team
Condo Fees $19,407/month

3. $35 Million – 19 East 70th St, New York, NY 10021

Sold for $35 Million in 2013 – 19 East 70th St, New York, NY 10021

Property Type Townhome – Morris Mansion
Bedrooms 8
Bathrooms 7
Levels 7 storey
Size 17,000 sq. ft.
List Price $38 million
Seller Private Investor
Sold Price $35 million
Date Sold October 2013
Buyer Christian Candy – Developer of London’s One Hyde Park

4. $34.4 Million – 21 Beekman Place, New York, NY 10022

Sold for $34.4 Million in 2013 – 21 Beekman Place, New York, NY 10022

Property Type Townhome – Ellen Biddle Shipman House
Bedrooms 6
Bathrooms 5 baths / 5 half baths
Levels 6 storey
Size 7,226 sq. ft.
List Price $48.5 million
Seller Estate of Peter Novello – Financier
Sold Price $34.4 million + $650,000 for existing furnishings
Date Sold June 2013
Buyer Sheikh Hamad bin Jassim bin Jaber Al Thani – Qatari Prime Minister

5. $32 Million – 41 East 70th St, New York, NY 10021

Sold for $32 Million in 2013 – 41 East 70th St, New York, NY, 10021

Property Type Townhome – Walter N. Rothschild Mansion
Levels 6 storey
Size 11,256 sq. ft.
List Price $40 million
Seller Leroy Schecter – Chairman of steelmaker Marino/Ware Industries
Sold Price $32 million
Date Sold December 2013
Buyer Brightstar Renovations LLC

6. $29.8 Million – 607 Hudson St, New York, NY 10014

Sold for $29.8 Million in 2013 – 607 Hudson St, New York, NY 10014

Property Type Apartment Condo #9 – The Abingdon
Unit Unit #9 + #7 Combined into one unit
Bedrooms 7
Bathrooms 8
Levels 3
Size 8,500 sq. ft. aggregate
List Price $30 million
Seller Flank Development
Sold Price $29.8 million
Date Sold May 2013
Buyer Abingdon Property LLC

7. $29 Million – 15 Central Park West, Apt 33D, New York, NY 10033

Sold for $29 Million in 2013 – 15 Central Park West, Apt 33D, New York, NY 10033

Property Type Apartment Condo #33D
Bedrooms 3
Bathrooms 4
Levels 1
Size 3,173 sq. ft.
List Price $31.5 million
Seller Zachary Jared Schreiber – Chairman of PointState Capital hedge fund
Sold Price $29 million
Date Sold August 2013
Buyer Mussik Capital LLC
Condo Fees $5,674/month

8. $27 Million – 12 East 76th St, New York, NY 10021

Sold for $27 Million in 2013 – 12 East 76th St, New York, NY 10021

Property Type Townhome
Bedrooms 5
Bathrooms 6 baths / 2 powder
Levels 5 storey
Size 7,056 sq. ft.
List Price $31.5 million
Seller Luca Orlandi (Founder of the Italian “Luca Luca” fashion brand) and Oluchi Onweagba (Nigerian-born supermodel and wife)
Sold Price $27 million
Date Sold March 2013
Buyer Mou LLC

9. $26 Million – 45 East 74th St, New York, NY 10021

Sold for $26 Million in 2013 – 45 East 74th St, New York, NY 10021

View more photos: $26 Million Upper East Side Townhouse – 45 East 74th St, New York, NY

Property Type Townhome
Bedrooms 5
Bathrooms 7 baths / 1 powder
Levels 7 storey
Size 9,000 sq. ft.
List Price $30 million
Seller Valerio Morabito – Italian developer, film producer, art collector
Sold Price $26 million
Date Sold November 2013
Buyer Zhang Xin – Billionaire CEO of Beijing real estate firm Soho China

10. $25 Million – 15 Central Park West, Apt 7C, New York, NY 10023

Sold for $25 Million in 2013 – 15 Central Park West, Apt 7C, New York, NY 10023

Property Type Apartment Condo #7C
Bedrooms 3
Bathrooms 3.5
Levels 1
Size 3,454 sq. ft.
List Price $30 million
Seller Jeff Gordon – NASCAR
Sold Price $25 million
Date Sold October 2013
Buyer Mossullo LLC
Condo Fees $7,221/month

In the tradition of Steve Jobs, we thought we would include just “one more thing” for good measure. So here is number 11 on our list of the most expensive New York City homes sold in 2013. We thought you might find it interesting because it includes a couple of billionaires exchanging millions.

11. $21 Million – 960 5th Ave, New York, NY 10037

Sold for $21 Million in 2013 – 960 5th Ave, New York, NY 10037

Property Type Duplex Apartment Condo #10/11B
Bedrooms 4
Bathrooms 5.5
Levels 2 levels – 10th + 11th floors
Size 3,454 sq. ft.
List Price $24.5 million
Seller Charles Lazarus – Billionaire founder of Toys “R” Us
Sold Price $21 million
Date Sold August 2013
Buyer Carlos Rodriguez-Pastor – Billionaire Peruvian Financier
Condo Fees $11,682/month

While the metrics didn’t quite measure up to the fiscal cliff driven high-price frenzy of 2012, which saw some individual sales over the $50 million mark, brisk demand and megadeals drove the rarified Manhattan luxury condo market to surpass peak market figures from 2007 to set new all-time sales records in 2013.


View: The 10 Most Expensive Luxury Real Estate Sales in Los Angeles for 2013

Contact


  Co-Founder at The Pinnacle List
  Vancouver, BC, Canada

  +1 (778) 836-3302
  kris@thepinnaclelist.com
WhatsApp Messenger
WhatsApp
Facebook Messenger
Messenger
CCBot/2.0 (https://commoncrawl.org/faq/)
iMessage
iMessage
CCBot/2.0 (https://commoncrawl.org/faq/)
SMS Text
SMS Text

YouTube

Leave a Comment